Solera Health Company Research Report

Company Overview

• Name: Solera Health

• Mission Statement: Solera is a value-based digital platform connecting members and employees to meticulously curated health solutions through a single front door, aiming to streamline operations, reduce the total cost of care, and improve outcomes.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• John Santelli – CEO

• Glenn Alphen – Chief Commercial Officer

• Byron Crowe – Chief Medical Officer

• Kris Heinzen – Chief Product Officer

• Mike Levin – General Counsel & Chief Information Security Officer

• Ed Liebowitz – EVP, Chief Strategy Officer

• Amanda Mcnulty – Chief People Officer

• Bill Perilli – Chief Financial Officer

• Matthew Shilts – Chief Technology Officer

• Lenny Skelton – Chief Sales Officer

• Katryn Chansley – Vice President, Marketing

• Ben Henderson – Vice President, Engineering

• Katie Parks – Vice President, Client Success

• Laura Skibba – Vice President, Consumer Engagement

• Justin Smith – Vice President, Finance & Operations

• Headquarters: Phoenix, Arizona

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Solera is known for its digital platform that connects people to curated health solutions, emphasizing personalized care through its digital space to reduce healthcare costs and improve outcomes.

Products

Weight Management

• Description: A comprehensive network of evidence-based lifestyle change programs for weight management.

• Key Features: Not limited to simple diet plans, it addresses various health needs.

Diabetes Management

• Description: Uses the digital solution Dario to manage Type 2 Diabetes.

• Key Features: 30-40% of Dario users achieve diabetic remission.

Digestive Health

• Description: Offers virtual GI treatment with personalized matching to connect individuals to suitable programs.

• Key Features: 89% of low acuity members experienced a reduction in GI symptoms.

Hypertension

• Description: Personalized digital hypertension management program.

• Key Features: 62.9% of users showed a reduction in systolic blood pressure one year post enrollment.

Mental Health

• Description: Personalized digital mental health management program.

• Key Features: 32% of users reduce stress after 30 days using Headspace.

Recent Developments

• Recent Executive Appointments:

• Expansion of senior leadership team with Matthew Shilts as Chief Technology Officer, Michael J. Levin as General Counsel & Chief Information Security Officer, Kris Heinzen as Chief Product Officer, and Lenny Skelton as Chief Sales Officer as of February 11, 2025.

• Funding:

• Secured $40 million in Series E fundraising round co-led by Health Care Service Corporation, Adams Street, Cobalt Ventures, and Horizon Mutual Holdings, announced January 14, 2025.

• Strategic Initiatives:

• Launch of the Solera HALO Cloud to unite a network of value-based solutions and accelerate platform expansion.

• Partnership with Aon to deliver personalized health experiences.

• Product and Feature Launch:

• Introduction of virtual specialty care targeting high-cost conditions such as hypertension, high cholesterol, diabetes prevention, and weight management.

• Integration with user-preferred applications via the HALO Marketplace.

• Recognition:

• Named as a Best-in-Class finalist at the Digital Health Hub Foundation’s Sixth Annual Awards.

• Specific new products launched.

• Additional new features added to existing products.

• Additional partnerships.